Yes.. ah Espanola. .only gave in cause
the German bankers would not go for a blind deal without a working plan of debit control.

2 years before US loan problems the banks dumped bad junk real estate mortgage packages on the DM banks. So they were basically paid 3 times for bad practices forced on them by the Banking committee of the us house . The insurance paid the taxpayer bailed out and then debit was sold to foreign banks and shady 10 cent on the dollar pvt collection firms run by ambulance chasing lawyers.

The US should end the Federal Reserve which borrows government funds from private banks. and stream lien things for the computer age to save money and improve response times for crisis management.